Denmark to join EU banking union by 2019, decision on participation are yet to be decided.

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Denmark to join EU banking union by 2019
Image: Denmark in world map Copyright: Operation World

Denmark is yet to make the final decision on joining the European Union banking by the year of 2019.

Denmark to join EU banking union by 2019
Image: Denmark in world map
Copyright: Operation World

The review will need to be completed by Autumn 2019, Denmark Ministry of Industry, Financial and Business Affairs said on this week.

 

Minister Mikkelsen said in a statement, “The EU banking union has greatly in function for a number of years and we will be conducting an assessment┬áthe experiences and the way the banking supervision and mortgage credit are carried out.”

Denmark named the Kingdom of Denmark officially, is a Scandinavian country; an EU country but not part of the Euro Zone.